The Kenya Property Developers Association (KPDA) has officially opened its 2025 Annual Conference in Nairobi, bringing together more than 300 stakeholders from real estate, finance, and urban development.
Themed “Reset, Reform, Rise: Creating the Real Estate Sector we Want,” the two-day event seeks to chart a new direction for Kenya’s property market, which contributes nearly 10 percent of GDP and provides millions of jobs.
Despite its importance, the sector continues to face significant hurdles. Kenya has an annual housing deficit of more than 250,000 units, while rising input costs, high financing rates that have doubled in recent years, and lengthy approval processes slow down investment.
KPDA Chairman Ken Luusa urged players to embrace new strategies. “Reset means acknowledging that the old ways of doing things cannot take us forward. Reform means instituting systemic change. Rise means building a sector that is not only profitable but also inclusive, green, and globally competitive,” he said.
Over the past year, KPDA has expanded policy engagement in key areas such as land use planning, housing finance, and tax reforms. It has also strengthened partnerships with bodies like the Architectural Association of Kenya (AAK) and the Kenya Private Sector Alliance (KEPSA) to push for predictable regulations and lower credit costs.
A highlight of the 2025 conference is the Investor Deal Room, where developers will present projects directly to banks, fund managers, and institutional investors. Other sessions will focus on technology adoption, artificial intelligence in real estate, capital markets, and sustainable urban growth.
The forum has also been accredited for Continuous Professional Development (CPD), underscoring its role in advancing industry knowledge and professional growth.
Founded in 2006, KPDA has positioned itself as the leading voice of Kenya’s real estate sector. This year’s gathering reaffirms its commitment to shaping a more sustainable, inclusive, and competitive industry that can meet the country’s growing housing and urban development needs.
